Reed Unit

Oil & Gas Property in Shelby County, TX

Property Summary

Key data points for Reed Unit

CountyShelby County, TX
OperatorSHERIDAN PRODUCTION CO III, LLC
Production DatesApr 2002 - Apr 2026
Total Oil Production25,059 BBLs
Total Gas Production1,593,779 MCF
Recent Oil Production91 BBLs in Mar 2026
Recent Gas Production2,963 MCF in Mar 2026
Wells on Property2

Our Valuation Estimates for Reed Unit

ShaleAssessment

$5,570 *

MarketMultiple

$28,831 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Reed Unit Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Reed Unit
from Apr 2002 to Apr 2026

Wells on Reed Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-419-30821REED UNIT 1SHERIDAN PRODUCTION CO III, LLCProducingShelby County, TX31.768490-94.362808
42-419-31134REED UNIT 2SHERIDAN PRODUCTION CO III, LLCTemp AbandonedShelby County, TX31.770030-94.355001

Leases included in Reed Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-188712REED UNIT 1SHERIDAN PRODUCTION CO III, LLCShelby County, TX
06-221962REED UNIT 1SHERIDAN PRODUCTION CO III, LLCShelby County, TX
06-236557REED UNIT 2SHERIDAN PRODUCTION CO III, LLCShelby County, TX
06-265530REED UNIT 2SHERIDAN PRODUCTION CO III, LLCShelby County, TX

Nearby Properties

These are the closest 20 properties to the Reed Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AdamsShelby County, TX21 BBLs3,621 MCFApr 2026
ArcoShelby County, TX0 BBLs0 MCFJan 2025
BP Ethridge 971Shelby County, TX0 BBLs881 MCFApr 2026
BP Georgetown 885Shelby County, TX0 BBLs1,438 MCFMar 2026
Carlton Gas UnitShelby County, TX0 BBLs0 MCFFeb 2026
CaseShelby County, TX0 BBLs2,669 MCFApr 2026
CrawfordShelby County, TX14 BBLs2,210 MCFApr 2026
Franks EstateShelby County, TX0 BBLs8,765 MCFApr 2026
Franks Lawrence TShelby County, TX1 BBLs2,610 MCFApr 2026
GriffinShelby County, TX72 BBLs8,849 MCFApr 2026
HancockShelby County, TX0 BBLs0 MCFJul 2020
Howard A 1Shelby County, TX0 BBLs126 MCFApr 2026
JonesShelby County, TX16 BBLs9,464 MCFApr 2026
Oliver UnitShelby County, TX8 BBLs14,126 MCFApr 2026
PateShelby County, TX16 BBLs3,185 MCFApr 2026
PolleyShelby County, TX0 BBLs224 MCFApr 2026
Ramsey UnitShelby County, TX149 BBLs5,565 MCFApr 2026
SamfordShelby County, TX0 BBLs1,265 MCFApr 2026
Sickel 1Shelby County, TX0 BBLs0 MCFDec 2017
Thomas Gas UnitShelby County, TX0 BBLs246 MCFApr 2026

Frac'ing activity on Reed Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-419-31134Reed Unit 2
42-419-31134Reed Unit #2

Owners of Reed Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025SHERIDAN PRODUCTION CO III LLCREED #2SHERIDAN PROD COMP
2025KAISER-FRANCIS OIL COREED #2SHERIDAN PROD COMP
2025SHERIDAN PRODUCTION CO III LLCREED #1SHERIDAN PROD COMP
2025KAISER-FRANCIS OIL COREED #1SHERIDAN PROD COMP
2025GRANT NEIL & JACKIEREED #2SHERIDAN PROD COMP
2025DESERT PARTNERS IV LPREED #2SHERIDAN PROD COMP
2025WILLIAMS FRANCES LREED #2SHERIDAN PROD COMP
2025WHEELER GILBERT G & KATHRYNREED #2SHERIDAN PROD COMP
Displaying 8 of 159 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Reed Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-188712REED UNIT 1Feb 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Feb 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-236557REED UNIT 2Feb 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Feb 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-188712REED UNIT 1Jan 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Jan 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-236557REED UNIT 2Jan 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Jan 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-188712REED UNIT 1Dec 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Dec 2025SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-236557REED UNIT 2Dec 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-265530REED UNIT 2Dec 2025SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-188712REED UNIT 1Nov 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Nov 2025SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-236557REED UNIT 2Nov 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-265530REED UNIT 2Nov 2025SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-188712REED UNIT 1Oct 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Oct 2025SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-236557REED UNIT 2Oct 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-265530REED UNIT 2Oct 2025SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-188712REED UNIT 1Sep 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Sep 2025SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-236557REED UNIT 2Sep 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-265530REED UNIT 2Sep 2025SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-188712REED UNIT 1Aug 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC